The Washington critic., 1887-02-10

boys on change 10 day and he told me
TO hang on; that II would be $40 next
month"
We've got $i00 profit now, almost
enough to pay the mortgage sug'
gested Mrs. Morgan.
II know that, but person mustn't
give up a good thing when he's 80!
It,"
A week later Sheridan reached
$40 and everybody was talking
about Il.
The mill was going to start aud the
bonanza exposed to the sceptics, of
whom there were many. Next came a
report that test had been made and 1t
was not just what had been expected
Thereupon the stock went down to 81.
When Mr.. Morgan reached home that
evening he said to his wife: "a few
envious people have started stories
degrogatory to the Sheridan, but 1t
won't hurt It,"
A week later the stock was back at
50, and Mr.. Morgan was feeling pretty
blue.
Get your money back, Charles"
said his wife.
"The men say downtown to keep 1t,
uuu tuc EcIutlNcS anu lrlcuuS VI luc
four .proprietors are keeping their
stock"
The next day the stock broke to -,
and week later was selling at $3.50.
That evening when Mr.. Morgan
reached home his wife discovered that
he was under the influence of liquor.
81 have been paying so much atten.
tion to Sheridan that / have neglected
my duties TO my employers, and to-
night l was asked to resign" he ex.
planned, "and felt so bad took
couple of drinks. didn't mean to,
and Its the first I've taken since |
swore off two years ago."
The next day Sheridan was at SO,
and Mr.. Morgan again reached home
prostrated.
you must stop this, Charlie" said
his wife, "closc out your stock and quit
1t, and then you can find situation
soon"
"There is no use of selling now, the
boys say that 1t will surely go upr'
1t was now approaching Christmas
and the bills for the carpet, book case,
baby's things and the wrap, amounting
TO $3.50, were presented.
ooh, Charley, I've been crying all
day about that unfortunate stock"
said Mrs. Morgan, week before Christ
mas. "We'll have to give up our
house and maybe lose all We ve paid on
II. We cant meet the mortgage nor
even these bills. And since you have
been out of work our expenses have in
creased. What in the world will we
dor"
Mr.. Morgan, whose tongue was lit.
tie heavy again, said he did not know
what they would do.
Christmas and New Years were
spent in anguish by the family, and on
the stock call on the first of the year
Sheridan was at dollar, and private
sales were made at 90 cents. The real
estate agent, who held the mortgage on
the Morgan household foreclosed 1t,
Mr. Morgan receiving back $500
of the $1,000 he had paid. He
was forced TO sell his Sheri
dan at so cents, and the proceeds
| just paid carpet and bookcase bill and
the brokers' commission. 1t required
more than half the money he had re.
| ceived from the mortgage sale to pay
| the other debts contracted since he lost
his situation. The little family moved
into three rooms on North Twentieth
street, and, by advice of his wife, Mr.
Morgan went to his old employers and
frankly explained to them the causes
which lured him from his
duty. He promised not to
be again tempted into specu.
lation and was reinstated. When Mrs.
Morgan heard the good news she
owned that she felt better than when
Sheridan was at $40.
Nov, Charlie" said Mrs. Morgan
one evening after they had somewhat
recovered from the financial shock
which had overtaken them, Suppose
we figure up Just how we came out on
the stocks. We had 81 800 paid on the
house and $1,000 in the bank when
you went into it. Now, this Is how the
slate stands"
| original investment nt.....,.,,...,,..,,..S SO
| Money paid on iouse.,........ ...,..... 1900
| Salary did not receive. 800
| Debts caused by the boom........ ...,. 800
| Total "Sa,iiO
| won.
| .
"That's right" said Mr.. Morgan,
"and am 50 sorry when think how
hard we worked for it,"
80 am |, but let us try again. "-[J.
+. in the st. Louis Republican.